Edition:
United Kingdom

United Utilities Group PLC (UU.L)

UU.L on London Stock Exchange

688.40GBp
16 Oct 2018
Change (% chg)

6.00 (+0.88%)
Prev Close
682.40
Open
684.80
Day's High
693.40
Day's Low
681.00
Volume
1,993,869
Avg. Vol
2,419,061
52-wk High
849.50
52-wk Low
648.60

Latest Key Developments (Source: Significant Developments)

United Utilities Sees Higher First-Half Profit, Revenue
Friday, 28 Sep 2018 

Sept 28 (Reuters) - United Utilities Group PLC ::TRADING STATEMENT.CURRENT TRADING IS IN LINE WITH GROUP'S EXPECTATIONS FOR SIX MONTHS ENDING 30 SEPTEMBER 2018..GROUP REVENUE IS EXPECTED TO BE HIGHER THAN FIRST HALF OF LAST YEAR, REFLECTING OUR ALLOWED REGULATORY REVENUE CHANGES.EXPECT UNDERLYING NET FINANCE EXPENSE FOR FIRST HALF OF 2018/19 TO BE AROUND £30 MILLION LOWER THAN FOR FIRST HALF LAST YEAR.WE EXPECT A SMALL INCREASE IN GROUP NET DEBT AT 30 SEPTEMBER 2018 COMPARED WITH POSITION AS AT 31 MARCH 2018.EXPECT TO INVEST ADDITIONAL £80 MILLION IN FINANCIAL YEAR.ANTICIPATE OPERATING COSTS ASSOCIATED WITH EXCEPTIONAL DRY WEATHER PERIOD TO BE AN ADJUSTED ITEM FOR HY.UNDERLYING OPERATING PROFIT FOR FIRST HALF OF 2018/19 IS EXPECTED TO BE HIGHER THAN FIRST HALF OF 2017/18.  Full Article

United Utilities To Cut Avg. Bills By 10.5 Pct In Real Terms For 2020-2025
Monday, 3 Sep 2018 

Sept 3 (Reuters) - United Utilities Group PLC ::PLANS 10.5% REDUCTION IN REAL TERMS IN AVERAGE BILLS BETWEEN 2020 AND 2025.REDUCTION OF OVER £1BN IN EXPENDITURE COMPARED WITH AMP5 BETWEEN 2020 AND 2025.ADOPTING AN RPI-STRIPPED APPOINTEE COST OF CAPITAL OF 2.4% CONSISTENT WITH OFWAT'S EARLY VIEW BETWEEN 2020 AND 2025.  Full Article

UT Group to retire treasury shares
Monday, 23 Jul 2018 

July 23(Reuters) - UT Group Co Ltd <2146.T>:Says it will retire 293,333 shares (0.7 percent of outstanding) of its common stock on July 31.Says the total shares outstanding 40.4 million shares after the retirement.  Full Article

United Utilities Sees Slightly Higher FY Revenue
Tuesday, 27 Mar 2018 

March 27 (Reuters) - United Utilities Group Plc ::CURRENT TRADING IS IN LINE WITH GROUP'S EXPECTATIONS FOR YEAR ENDING 31 MARCH 2018.FY GROUP REVENUE IS EXPECTED TO BE SLIGHTLY HIGHER THAN LAST YEAR.UNDERLYING OPERATING PROFIT FOR 2017/18 IS EXPECTED TO BE MODERATELY HIGHER THAN 2016/17.IRE INCREASED SLIGHTLY IN SECOND HALF OF YEAR, ALTHOUGH FULL YEAR IRE FOR 2017/18 IS EXPECTED TO BE SIMILAR TO LAST YEAR.RPI INFLATION HAS INCREASED THIS YEAR WHICH IS EXPECTED TO INCREASE FY REGULATORY CAPITAL VALUE (RCV) BY AROUND £400 MILLION.EXPECT A SMALL INCREASE IN GROUP NET DEBT AT 31 MARCH 2018 COMPARED WITH POSITION AS AT 30 SEPTEMBER 2017.MAINTAIN EXISTING GUIDANCE ON FY CAPITAL EXPENDITURE AND OUTCOME DELIVERY INCENTIVES.ON TRACK TO SUBMIT PR19 BUSINESS PLAN IN SEPTEMBER 2018.  Full Article

United Utilities Updates on 2019 Price Review Update​
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - United Utilities Group Plc ::‍UNITED UTILITIES 2019 PRICE REVIEW UPDATE​.ADVANCED IN PLANS FOR PR19, INFORMED BY EXTENSIVE ENGAGEMENT WITH CUSTOMERS REGARDING THEIR NEEDS AND PRIORITIES.IN MAY 2018, WILL PROVIDE EARLY EVIDENCE ON COMPANY SPECIFIC FACTORS AFFECTING WHOLESALE AND RETAIL OPERATIONS IN NORTH WEST.  Full Article

United Utilities says underlying oper profit of 344 mln stg vs. 312.5 mln stg
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - United Utilities Group Plc ::H1 REPORTED PRETAX PROFIT 242.3 MILLION STG VERSUS. 158.4 MILLION STG .INTERIM DIVIDEND 13.24 PENCE PER SHARE.HY REVENUE OF 876 MILLION POUNDS VERSUS. 853 MILLION POUNDS, A YEAR AGO ‍​.HY UNDERLYING OPERATING PROFIT OF 344 MILLION POUNDS VERSUS. 312.5 MILLION POUNDS, A YEAR AGO ‍​.UNITED UTILITIES -AVERAGE BILLS SET TO REDUCE IN REAL TERMS OVER 10 YRS PERIOD TO 2020, TO DOUBLE NUMBER OF CUSTOMERS THROUGH AFFORDABILITY SCHEMES OVER AMP6​.‍TOTAL NET REGULATORY CAPITAL INVESTMENT IN H1, INCLUDING £70 MILLION OF INFRASTRUCTURE RENEWALS EXPENDITURE, WAS £394 MILLION​.‍REMAIN ON TRACK TO DELIVER A TOTAL OF AROUND £800 MILLION OF REGULATORY CAPEX FOR FULL YEAR​.HY REGULATORY CAPITAL VALUE GEARING OF 61 PERCENT VERSUS. 62 PERCENT, A YEAR AGO ‍​.GROUP BENEFITS FROM HEADROOM TO COVER ITS PROJECTED NEEDS INTO 2019, ENHANCED BY RECENT RAISING OF NEW FINANCE​.  Full Article

United Utilities pays 20 mln stg as compensation for cryptosporidium incident
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - United Utilities Group Plc ::CONCLUSION OF COURT HEARING FOLLOWING 2015 CRYPTOSPORIDIUM INCIDENT‍​.UNITED UTILITIES GROUP PLC - ‍ROOT CAUSE IDENTIFIED AS RUN-OFF WATER FROM AGRICULTURAL LAND FOLLOWING SEVERE RAINFALL​.UNITED UTILITIES GROUP PLC - ‍C£20 MILLION COMPENSATION PAID TO CUSTOMERS WHO WERE ADVISED TO BOIL THEIR WATER AS A PRECAUTION​.  Full Article

United Utilities says total dividend up 1.1 pct
Thursday, 25 May 2017 

May 25 (Reuters) - United Utilities Group Plc ::Final dividend 25.92 pence per share.Total dividend up 1.1 percent to 38.87 pence per share.FY revenue of 1.704.0 million pounds versus. 1.730 million pounds last year.FY underlying operating profit of 622.9 million pounds versus. 604.1 million pounds last year.In 2016/17, achieved another net reward of 6.7 million pounds .Remain on track to meet five-year target.  Full Article

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Royal Mail, airlines and housebuilders mar start of fourth quarter for FTSE

MILAN/LONDON Britain's top share index lagged other European markets on Monday as investors kept one eye on developments over Brexit from the ruling Conservative Party's annual conference, and another on Ryanair's 13 percent dive after a profit warning.